A U.S.-U.K. trade deal announced in the Oval Office leaves the average tariff on U.K. goods at 10%; however, aerospace engines and parts will enter duty-free.
President Donald Trump told NBC’s “Meet the Press” May 4 that he “would be willing” to provide China’s ByteDance more time to divest TikTok if it can’t find a buyer by the June 19 deadline. Trump already has given ByteDance two 75-day extensions to comply with a 2024 law that requires the company to sell TikTok or face a U.S. ban on the popular social media application (see 2504040062).
President Donald Trump is nominating his national security adviser, Milke Waltz, to instead be the U.S. ambassador to the U.N., he announced on social media. Secretary of State Marco Rubio will serve as interim national security adviser while continuing to lead the State Department, Trump said. The announcement comes weeks after it was revealed Waltz added a journalist to a discussion about military plans among senior administration officials on the messaging app Signal.
Amid swirling reports that China is considering exemptions from tariffs on some critical U.S. goods, an industry expert said that these moves should not be read as a broader shift in the trade war between the two countries.
President Donald Trump criticized business officials who have said his tariffs actions are damaging, bragged about countries and executives asking for breaks, and made a list of non-tariff cheating he wants countries to end, all on social media over the weekend.
Sen. Josh Hawley, R-Mo., who introduced a bill in January to prohibit AI technology exports to China (see 2502030031), said April 14 that he believes recent news about China’s AI activities might give his legislation a lift.
Sen. Ed Markey, D-Mass., tried unsuccessfully April 9 to persuade the Senate to take up and pass a bill that would give China’s ByteDance about six more months to comply with a law requiring the company to divest TikTok.
Sen. Mark Warner, D-Va., accused the Trump administration April 7 of violating the 2024 law that requires China’s ByteDance to divest TikTok or face a U.S. ban on the social media application.
The Trump administration is extending for the second time the deadline China’s ByteDance faces to comply with a 2024 law that requires the company to divest TikTok or face a U.S. ban on the social media application, President Donald Trump announced April 4.
Sen. Mark Warner, D-Va., said April 2 that he will be disappointed if the Trump administration reaches a deal with China’s ByteDance that leaves the company in control of TikTok.